Which of the following is one way in which an embargo differs from a tariff? (1 point)

Question

Which of the following is one way in which an embargo differs from a tariff? (1 point)

• It limits the taxes placed on foreign goods.
• It allows for free trade of goods.
• It bans all importation of foreign goods.
• It increases the price of foreign goods.

Answer 1

• It bans all importation of foreign goods.

Answer 2

Which of the following is one way in which an embargo differs from a tariff? (1 point)

• It bans all importation of foreign goods.

One way in which an embargo differs from a tariff is that it bans all importation of foreign goods.